In the News

Elizabeth Khalil Talks About Third Party Risk Management with Venminder, Inc.

March 7, 2018

Elizabeth Khalil, Chicago-based member in Dykema’s Government Policy Practice Group, was interviewed by Venminder, Inc. for a podcast in which she delved into third-party risk issues as they apply to financial institutions.

Banks and credit unions depend on Fintechs (financial technology programs) and outsourced call centers to provide consumer services such as digital mortgages. Khalil explains current regulations and compliance standards, stressing the importance of clearly-written contracts with third-party vendors, vigilant management, and perpetual documentation and monitoring.

To listen to the podcast, click here.